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Why a Universal Basic Income Is a Poor Substitute for a Guaranteed Job

By Claire Connelly

ABC News, January 18, 2017. All Rights Reserved.

Creating a universal basic income as a means of addressing unemployment and productivity problems has become the topic du-jour as workers become increasingly separated from the means of production, with even modest salaries failing to cover the cost of living.

Consequently, Australian taxpayers have had to take on a greater burden of debt to support themselves....